Is It The Right Time To Buy A Home?

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With everything the way it is, is this the right time to buy that home? We have been staying up at nights, thinking about an answer to that question. 

And after many such sleepless nights, we do have an answer. Yes. Can we informalise that a bit? Hell Yes!

A Quickie On The Economy

Thanks to a global pandemic that just refuses to abate, the economy is bad and that should summarize the situation in a way. 

Inflation levels are crazy. Credit is hard to come by and there is that general gloom in the air. People in service and business are equally affected and sentiments are pretty low. 

In one sip? It's tough out there.

So, Is The Time Right?

We will tell you something that our mom and dad have told us since kindergarten - 'The easy way is almost always the wrong way. The right path is the tough one.'

Back in 2007 and 2008, real estate builders picked up a lot of money from people all over the world to build properties in India. 

They got these funds with the promise that 5 years down the line, the investors would be walking away with double of what they had invested. Sadly, that has not happened yet. We reckon it won't for some time to come either. 

On the personal front, you were expecting some big business or a hefty raise in your salary but that has not materialized either. No sweat. 

But It Won't Be Easy

Despite the facts, look around you closely and you would find that some great homes are selling at the 'right' prices. 

And your mother will confirm that investing at the right price point is a sure fire way to make money.

It is the right time to buy that home today simply because that investment is not going to be an easy one. It will hurt you, it will give you sleepless nights and it will affect your spending power heavily.

And those are the reasons why, a property investment you make now, will pay you big dividends in the future. 

Go ahead. Do your due diligence and send out that booking amount via RTGS.